The head of No. 3 U.S. mobile service Sprint Nextel Corp said on Thursday that it is fair for the U.S. government to ask whether handset exclusivity deals should have time limits.
Private equity firms Kohlberg Kravis Roberts & Co, Thomas H. Lee Partners, and Providence Equity have submitted bids for Cox Enterprises' Travel Channel, a source familiar with the matter said.
Goldman Sachs downgraded Medco Health Solutions to neutral from buy on valuation and said anticipation over a potential captive pharmacy benefit manager (PBM) acquisition has been adding support to the company's shares.
The government will have another month to seek an indictment against or reach a settlement with a former Goldman Sachs Group Inc programmer accused of stealing trade secrets.
French media and telecoms giant Vivendi said on Wednesday it hasn't made a decision whether to exercise its right to sell a 20 percent stake in broadcaster NBC Universal.
Goldman Sachs downgraded General Mills Inc to neutral and removed the stock from its Americas buy list, saying revenue growth at the food company could moderate and no longer outshine peers.
The Wall Street Journal soon will begin charging people to read the paper on mobile devices such as their BlackBerrys, the paper's owner Rupert Murdoch said on Tuesday.
KAR Holdings Inc, which runs auctions for used vehicles, plans to go public and raise as much as $400 million, according to a regulatory filing on Monday.
In obscure corners of the U.S. stock market -- where flash orders, dark pools and other controversial practices thrive -- regulators are trying to shine a light to guard against unfair dealing.
Warren Buffett is often a go-to guy when companies want to raise money.
Dealmakers are not known for their patience. Yet that's what's needed more than anything else a year after Lehman's collapse.
Wal-Mart Stores Inc is expecting a late Christmas as consumers continue to carefully manage spending, CEO Mike Duke said at an investor conference on Thursday.
Bank of America Corp said on Thursday it named London-based Andrea Orcel an executive chairman for its global banking and markets division, according to an internal memo seen by Reuters.
Six companies are scheduled to price and begin trading the week of Sept. 21, which could become the busiest for U.S. initial public offerings since December 2007.
Stocks extended three straight days of gains on Wednesday as favorable comments from Goldman Sachs lifted the industrial sector while rising crude prices boosted energy stocks.
U.S. stocks extended three straight days of gains on Wednesday as favorable comments from Goldman Sachs lifted the industrial sector while rising crude prices boosted energy stocks.
Stocks rose on Wednesday after positive broker comments buoyed the industrial sector, while the falling dollar pushed up oil prices and shares of energy producers.
The head of U.S. bank Goldman Sachs said on Wednesday that anger over bankers' pay was understandable and appropriate, and that greater scrutiny of trade in complex instruments was needed to keep banks in check.
Goldman Sachs Chief Executive LLoyd Blankfein urged policymakers keen to rebuild confidence in financial markets to refrain from creating a system designed solely around protecting us from the 100-year storm.
All you have to do to feel the outrage over the continuing flow of bonuses on Wall Street is to take a walk down Main Street.
American International Group Inc is interviewing banks this week on managing a planned initial public offering of a life insurance unit, American Life Insurance Co, sources familiar with the matter said on Tuesday.
American International Group Inc is interviewing banks this week to manage a planned initial public offering of life insurance unit American Life Insurance Co, sources familiar with the matter said.
